Musk has been an avid supporter of the cryptocurrency and his company back in February announced that it had purchased $1.5 billion in Bitcoin and planned to accept it as payment. The price of Bitcoin further plunged on Sunday after Tesla CEO Elon Musk suggested, in a tweet, that his company may or may not have sold off its Bitcoin holdings. The cryptocurrency traded below $45,000, the lowest since February. Musk’s tweet was in response to an unverified Twitter user, who said: ”Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn’t blame him…”. Musk replied saying “indeed”, without suggesting whether Telsa had sold their Bitcoin holdings or was planning to do so. Indeed — Elon Musk (@elonmusk) May 16, 2021 Earlier on May 12, Musk in a tweet had said that his company has discontinued accepting the cryptocurrency as a form of payment due to environmental concerns. The cryptocurrency dropped as much as 15% to just above $46,000, in the immediate aftermath of the Tesla CEO’s tweet. As Musk and his Tweets continue to impact the cryptocurrency markets, netizens took to…
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Twitter flooded with meme and jokes as Bitcoin price further plunges after Elon musk's tweet
